Business
IDGLOBAL CORP. ANNOUNCES CORPORATE UPDATE
IDGLOBAL CORP. ANNOUNCES CORPORATE UPDATE.
About this update from Idglobal Corp.
[{"type":"text","content":"ID Global Corp (OTC:IDGC), is pleased to provide its latest corporate update that sets out the current and future strategies for the business to ensure it remains a leading contributor to the Internet of Things industry. With a focus on restructuring to ensure ID Global Corp has the agility and structure to take on the emerging challenges of the fragmented smart city (IoT) 4.0 and continue to be the innovative driving force of industry change.ID GLOBAL CORP is an emerging growth company under the JOBS Act of 2012 and, as a diversified holdings company, is seeking to acquire and consolidate the fragmented Smart City (IoT) 4.0 industry. The business’ acquisitions are structured as a partnership subsidiary, where ID Global Corp assist with the growth and development of these businesses, the goal being to maximize their value prior to an exchanged listed spinoff.The company seeks to consolidate and roll up the highly fragmented new Internet of Things (IoT) applications and 4.0 industries which enable Smart City development. The range of products and services offered provide the ability to remotely monitor, manage and control devices, creating new insights and actionable information from real-time data. With the use of sensors and data analysis, the systems connect intelligence, efficiency and a better, smarter way of life.IDGC's current operations include its wholly-owned subsidiaries, Watershed Enterprises, Inc, Watershed Staffing, Inc., and it’s 50% ownership in PolyBrite Norge, SA.Mr. DuFort, Board of Director, discussed the newly announced strategies, saying, “I’m happy to have consummated a with Liberty Capital. Both companies understand that the mission is to create value for shareholders. With that in mind, our goal is to grow IDGC’s overall core business. I firmly believe that IDGC is in the right hands.”Continuing, he noted, \"My interest is and always has been to fully-develop IDGlobal to its maximum potential for the benefit of its shareholders. IDGC has weathered some tough times, but current management decided to change the Company’s business model in late 2018 by focusing on the integration of established companies into a public company. This along with new highly experienced executives coming aboard, and the highly talented operational management already in place, we believe this will be a very effective formula for t...